Scott Belsky's Investment Wins
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A story about Scott Belsky's impressive business background and success, as told by Sam Parr.
"Scott Belsky's grandpa started Kaplan and sold that for like $80-100 million in the eighties or nineties - that's equivalent to like $300M today.
When Scott was 24, he invested $15,000 into Pinterest when it was worth $3 million, and $15,000 into Uber when it was worth $3 million. He did this while running his company called Behance, which was mostly bootstrapped until 6 months before they sold it. They raised a Series A right before the sale, but prior to that it was bootstrapped.
When he sold Behance, he owned 75% of it and sold it for like $150 million. So he made probably $100 million from the sale, probably $100 million on Uber, and $100 million on Pinterest, give or take 50%. Now he's next in line to become CEO at Adobe, which is like the 40th largest company in the world."
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.